Kolmar Korea Chairman Yoon Dong-han evades taxes worth 3.6 billion won
Kolmar Korea Chairman Yoon Dong-han evades taxes worth 3.6 billion won
  • Kim Min-jee
  • 승인 2018.12.13 11:20
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Yoon Dong-han, 71, chairman of Kolmar Korea, an OEM and ODM company, has evaded taxes worth 3.6 billion won by omitting due report on dividend income generated by borrowed-name stocks. 

The National Tax Service released the names of 30 people who have been convicted by the court for more than 200 million won in annual tax evasion, including Chairman Yoon, on Dec. 11.

Yoon was indicted without detention on charges of tax evasion of 3.6 billion through borrowed-name stock trading in August last year and was sentenced to two and a half years in prison and three years of probation.

At that time, the Seoul High Court judged that the first trial's sentence was neither heavy nor light when looking at the circumstances of the crime and the subsequent payment of taxes.

Yoon was put on trial for selling 810,000 borrowed-name shares of the companies such as Kolmar Korea and Kolmar Korea Holdings from 2012 to 2015 and earning 17.7 billion won in capital gains and 5 billion won in dividend income, but embezzling a total of 3.6 billion won in capital gains tax and comprehensive income tax.

In June 2016, Kolmar Korea was placed under the investigation of Seoul Regional Tax Service's No. 4 Investigation Bureau, which focused on tax evasion. Dozens of investigators raided the headquarters of Kolmar Korea in Seoul to conduct a tax probe.

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